How jmr purchased the bonds at

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Problem 1: JMR bought 15 Z Corporation's $1,000 bonds for $15,270 total, on April 1, 2014, (five years prior to maturity). The bonds pay 8% semi-annual interest on April 1 and October 1. On December 31, 2014, JMR purchased these bonds at:

Option 1: Par.

Option 2: A premium.

Option 3: A discount.

Option 4: A discount plus accrued interest.

Reference no: EM132612585

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